O Percent Balance Transfer Card

Roundup: Credit Cards for Retired Consumers | What Is A Good ...

Nowadays, retirement is not easy to generalize. Some retirees are doing well financially and even travel. But others are struggling to make ends meet while living on fixed incomes. Many even credit card debt because of high medical expenses. Here are some credit cards that meet some common scenarios facing retirees.

If you're on a fixed income, but not in credit card debt, credit card cash back that can give your budget a boost:

This map was recently named Best Cash Back Card on America Credit.com.He won because of its low cost and generous cash bonuses. After your first purchase, you get 5000 bonus points, which equals $ 50. Get up to 5 percent cash back on classes of rotation, such as food, gas and dining. There is a quarterly ceiling of $ 1.500 on the categories, but after reaching the ceiling, you still get a discount of 1 percent return. You also get a discount of 1 percent on all other purchases.

If you have a credit card debt on credit cards to high interest, consider transferring your balance to a card that offers a low introductory APR Highest:

You get a zero percent intro April on balance transfers for 21 months. After that, you'll have a PEE (V) between 11.99 and 22.99 per cent. You also get an introduction in April zero percent for 21 months on purchases, but I suggest you use the time to repay your debt, not add to it. There is a tax of 3 per cent balance transfer.

If you feel that your debt has lost control, do not hesitate to seek credit counseling.You can go to the National Foundation for Credit Counseling and they suggest a counselor in your area.

If you fall into the group of retirees wants to increase monthly income and travel often, here is a new card to check:

With this card, you get a 1 percent rebate on all purchases. Plus, you earn 3 percent cash on purchases related to travel. There is no limit to the amount of money you can earn. APR variable starts at 13.24 percent, which is not too bad for a rewards card.But again, you do not want to carry a balance at that rate.

Here's something I like about this card: Chase Donates $ 0.03 for every purchase made with the map of the Route to eradicate hunger, which is a national campaign led by AARP and AARP Foundation to solve the problem of hunger among older Americans. So while you earn rewards, you also give back to society.